Digging Up the Facts on eBay Inc. (EBAY)

eBay Inc. (EBAY) is an interesting player in the Services space, with a focus on Specialty Retail, Other. The stock has been active on the tape, currently trading at $39.33, down from yesterday’s close by -2.77%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

eBay Inc. (EBAY) currently trades with a market capitalization of $38.76 Billion. That value represents a market adjusting for revenues that have been growing by 16.37 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.37 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.51 on a per share basis this quarter. Perhaps, that suggests something about why 7.14% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, eBay Inc. recorded a 52-week high of $46.99. It is now trading 7.66% off that level. The stock is trading $39.15 its 50-day moving average by -0.18%. The stock carved out a 52-week low down at $33.89.

In recent action, eBay Inc. (EBAY) has made a move of +3.28% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.17% with $933.31 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of EBAY.

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